Stocks in play: Appili Therapeutics Inc.
Has priced its previously announced overnight marketed offering of equity securities. Pursuant to the Offering, Appili will issue 50,000,000 units of the Company at a price of $0.09 per Unit for gross proceeds of $4,500,000. Each Unit is comprised of one Class A common share of the Company and one-half of one Common Share purchase warrant. Each Warrant is exercisable at a price of $0.15 and entitles the holder thereof to acquire one Common Share for a period of five years following the date of the closing of the Offering. Appili Therapeutics Inc. shares T.APLI are trading down $0.01 at $0.09.
Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.